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Oil prices rise as OPEC+ hits pause on production hike amid supply concerns

- Analysts say the pause signals a pre-emptive attempt to keep the market balanced

03.11.2025 Oil

Saudi Arabia ramps up AI ambitions with Humain at the helm

- Riyadh unveils major investments, partnerships and new AI systems as it aims to become world’s No. 3 AI power

03.11.2025 General

Russia, Ukraine accuse each other of overnight airstrikes that killed 2

- Operational headquarters in Russia’s Krasnodar region said says oil terminal and tanker both damaged in Ukrainian drone strike - Ukraine’s State Emergency Service reports 2 people killed, 1 injured in Odesa by Russian drone attack

03.11.2025 General

OPEC+ eight members to raise output by 137,000 bpd in December

- Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman agree to pause production increases during first quarter of next year due to seasonality

03.11.2025 Oil

Oil prices post weekly decline amid Fed signals, supply concerns

- Expectations of a pause in US rate cuts, rising global supply, and weak economic data from China weigh on demand outlook

31.10.2025 General

EU on track to phase out Russian gas by 2028 but supply challenges remain

- Careful coordination, infrastructure development, and diversified supplies crucial to ensure smooth EU transition

31.10.2025 Natural Gas

Oil prices down on stronger dollar and supply concerns

- US dollar strengthens after Fed Chair Jerome Powell emphasizes caution and notes that further rate reductions were not certain, adding pressure on oil prices

31.10.2025 Oil

Finnish oil firm Teboil changes hands as Lukoil sells assets to Gunvor

- It follows Russian firm's decision to sell its assets amid sanctions

31.10.2025 General

Ukraine introduces 8-hour per day restriction on energy consumption

- Energy Ministry says hourly shutdown schedules will be in effect between 8 am and 7 pm

30.10.2025 General

State-backed Indian refinery stops purchasing Russian oil amid punishing US tariff

- Joint venture of state-run Hindustan Petroleum Corporation Ltd, Mittal group suspend 'further purchases' due to recent announcements of new restrictions

30.10.2025 General

home > related news

Oil prices fall on Fed pause signals, rising output concerns

- Fed hints at possible pause in rate cuts, stoking demand worries

30.10.2025 Oil

Oil falls as OPEC output plan outweighs optimism over US-China trade talks

- OPEC+ plans modest output hike in December, extending its gradual rollback of supply cuts

28.10.2025 Oil

Russia's oil supplies to India remain high

- Energy minister says India continues as key partner for Russia in energy sector

27.10.2025 Oil

Oil edges higher as US-China trade talks yield progress

- Market optimism grows amid easing global economic concerns and Fed rate cut expectations

27.10.2025 Oil

China slams EU over fresh Russia sanctions, says dialogue 'only viable way' out of Ukraine war

- ⁠Beijing's reaction comes just after EU placed fresh sanctions on Chinese entities due to ongoing war in Ukraine

23.10.2025 Oil Energy Diplomacy

Zelenskyy welcomes new US sanctions on Russia’s oil giants

- Ukrainian leader says move sends ‘strong and much-needed message’ that 'prolonging the war and spreading terror come at a cost'

23.10.2025 Oil Energy Diplomacy

Brent crude rises over 2% after US sanctions on Russian oil giants

- US includes Rosneft, Lukoil, and dozens of affiliates on its sanctions list, citing "a serious lack of commitment" by Moscow to advancing peace talks

23.10.2025 Oil